Blog - Page 4276 of 5576

FridayOct 31, 2008 7:49 am

Hyde Park Acquisition Corp. (HYDQ.OB) Announces Acquisition of Essex Crane Rental Corp.

Hyde Park Acquisition Corp. today announced the acquisition of privately held Essex Holdings LLC and its subsidiary, Essex Crane Rental Corp. According to the press release, the acquisition was finalized after Hyde shareholders approved the acquisition at a special shareholder meeting held earlier today. The company also announced that it has changed its name to Essex Rental Corp. Essex’s President and CEO, Ron Schad, stated, "We appreciate the support of the shareholders of Hyde Park and are looking forward to Essex’s future as a public company. We are focused on building long-term value for our shareholders, and intend to pursue…

FridayOct 31, 2008 6:50 am

Changing Times Vitamins, Inc. (SGTB.PK) Signs Deal with Coors of Las Vegas to Distribute RecoveryX

Changing Times Vitamins, Inc. (SGTB.PK), headquartered in Scottsdale, Arizona, was pleased to announce yesterday that it has entered into an agreement with Coors of Las Vegas to distribute its primary product, RecoveryX. As a leader in the wholesale distribution of beverages, Coors of Las Vegas is on a mission to continually improve sales and service to meet both its suppliers’ and customers’ expectations. Through its team of highly trained associates, Coors only sells premium and regional brands through its distribution network. 60 to 70 percent of Coors’ business is to hotels, casinos, and restaurants. RecoveryX is a unique product that…

FridayOct 31, 2008 6:46 am

ThermoEnergy Corp. (TMEN.OB) Continues to Capitalize on Wastewater and Sludge

In many instances, it is the obvious things in life that represent the best investment opportunities. Items that are used each and every day with little or no thought. Add this idea to not being able to literally live without a product and a sure fire way to profit is at hand. There aren’t too many of these items in the world but they are right in front of investors each and every day; air, water and, to a degree, food. ThermoEnergy Corp., an integrated technologies company, works to develop and market clean water and energy products. The company focuses…

FridayOct 31, 2008 6:29 am

An Overview of Elray Resources Inc.’s (ELRA.OB) Senator Project

Elray Resources is an up and coming young company that is beginning to make its mark throughout the world. A technically driven gold and precious mineral exploration company, Elray is breaking ground with the Senator Project. The Senator Project, also known as the Senator Mine Project, is an endeavor located in a mineral-rich region of Cambodia. Through the Senator Mine Project, Elray will have the ability to capitalize on the gold market. The Senator Mine Project is a strong exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral…

FridayOct 31, 2008 4:13 am

NetSol Technologies Inc. (NTWK) To Acquire Ciena Solutions, Based On Performance

Business applications company NetSol Technologies Inc. (NASDAQ: NTWK) announced it will purchase Ciena Solutions LLC. Under the terms of the agreement, the acquisition will be made with internal cash and restricted stock, and deferred "based on an earn-out formula linked to Ciena Solutions' performance." Ciena Solutions provides consulting and staffing services focused on the Systems, Applications and Products (SAP) application suite, with core competencies in the SAP R/3 (ECC) system, NetWeaver including Business Intelligence, Exchange Infrastructure (XI), Portals, MDM, and the mySAP Business Suite. "I am excited to be launching a vibrant and global SAP practice through the acquisition of…

ThursdayOct 30, 2008 4:21 pm

Markets Breathe, Indices Up on Thursday

Despite a dismal third quarter GDP (gross domestic product) report, stocks were mostly up this Thursday, as the Dow index rose a respectable 189 points. The Commerce Department reported that the GDP slid at an annual rate of 0.3 percent during this year's third quarter. While still indicating a recession, the report was a pleasant surprise for some experts who were anticipating a decline of 0.5 percent. The uncertainty surrounding the condition of our economy is by no means dissolved, as volatility is expected to continue, but for today, investors are breathing a small sigh of relief. Let us hear…

ThursdayOct 30, 2008 4:19 pm

Performance Health Technologies, Inc. (PFMH.OB) Launches New Initiative at Interactive Metronome Conference

During a recent two-day sales conference in Fort Lauderdale, Performance Health Technologies' ("PHT") CEO Robert Prunetti demonstrated his company's cutting-edge neuromuscular rehabilitation technology; Core:Tx®. The conference was held by, and geared toward the sales force of PHT's sales, marketing and distribution partner, Interactive Metronome ("IM"). Robert Prunetti gave presentations that included details about the highly-advanced Core:Tx® system, which the company bases on its revolutionary biofeedback platform, MotionTrack. He also used the conference as a method of exchanging vital information with representatives of the IM national sales force, in preparation for a new marketing and sales initiative slated to begin in…

ThursdayOct 30, 2008 4:17 pm

TomoTherapy Inc. (TOMO) Announces Third Quarter Financial Results; Expects Profitability in the Fourth Quarter

TomoTherapy Incorporated (NASD: TOMO), producer of the Hi•Art® treatment system for advanced radiation therapy, recently released financial results for the third quarter ended September 30, 2008. The company reported revenue of $27.4 million, a 54 percent decline from $59.2 million in the third quarter one-year earlier. TomoTherapy incurred a net loss of $13.0 million, or $0.26 per share, compared to net income of $2.6 million, or $0.05 per share, for the third quarter of 2007. Despite the expected decrease in revenue for the quarter, management anticipates revenue of $70 million to $90 million and earnings per share in the range…

ThursdayOct 30, 2008 4:15 pm

Winn-Dixie Stores, Inc. (WINN) Reports Strong First Quarter Results; CEO Comments on Strategic Initiatives

Winn-Dixie Stores, Inc. (NASD: WINN), one of the nation's largest food retailers that currently operates 521 retail grocery locations, including more than 400 in-store pharmacies in Florida, Alabama, Louisiana, Georgia, and Mississippi, recently announced the company’s financial results from its first fiscal quarter of 2009 ended September 17, 2008. Net sales in the first quarter totaled $1.7 billion, a gain of $55.0 million, or 3.4 percent, compared to the prior-year period. The company’s shares traded higher earlier this week after the announcement of the financial results. Winn-Dixie reported increased sales as a result of Hurricanes Gustav and Ike and Tropical…

ThursdayOct 30, 2008 4:14 pm

Hybrid Technologies, Inc. (HYBR.OB) Offers Product Line Combining Fun and Green Lifestyle

Hybrid Technologies, Inc. (HYBR.OB) is a development stage technology company that was created in Nevada and launched in 2000. Hybrid Technologies continues to focus their resources and efforts on the development and marketing of lithium-powered vehicles and products, as well as on commercial and residential properties. The company directs their attention to developing scooters, bicycles, mopeds, motorcycles, cars and homes, and converting them to zero-emission, lithium-powered vehicles and facilities. Hybrid Technologies offers five all-electric cars, which features high energy density and light rechargeable lithium ion batteries. The product line includes: LiV™ DASH, LiV™ WISE, LiV™ RUSH, LiV™ SURGE, and LiV™…

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